SHAREHOLDERS of Union  Bank of Nigeria Plc have commended the debt recovery drive by its management as the bank’s Non Performing Loan, NPL ratio declined to 8.1 percent for the financial year ended December 31, 2018 from 20.8 percent in the corresponding period of 2017.

JULIUS Berger Nigeria (JB) Plc has explained to investors that there was no need to float a rights issue at the moment as the company’s shareholders equity has risen to N35 billion.

FSDH Merchant Bank has projected further decline in the inflation rate to 11.23 percent in April.

FOLLOWING the protracted bearish run in the equities market, Prof. Uche Uwaleke, Head, Banking and Finance Department, Nasarawa State University, Keffi and a professor of Finance and Capital Market, has said that some macro-economic indicators and other external factors indicate that the days of bears are fast coming to an end.

Housing Development Advocacy Network, an NGO, has urged the Central Bank of Nigeria (CBN) to make the Mortgage Interest Drawback Fund (MIDF) a reality.

When Mr. Godwin Emefiele was appointed Governor of the Central bank of Nigeria (CBN), five years ago, he assumed office with a focus- to run “a people oriented CBN.” 

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said that no fewer  than 130 textile companies have died in the country in recent times due to some constraints.

STANDARD Chartered Bank has continued its ongoing global business initiative, ‘Belt and Road’, bringing this first ever cross country relay to Nigeria.

NATIONAL identities are symbols of self determination, commonality and unity.  One of such symbols is the national currency. Among other things, the national currency, according to Benjamin Anderson, a foreign affairs analyst, “is the ambassador of the country and the culture it represents”.   

AY & Baker Nigeria Plc has sustained its growth trajectory despite the loss of key products, which hitherto accounted for about 35 percent of its revenue.

FINANCIAL analysts have said that the equities market will record a mixed bag of buy and sell pressure this week, even as investors lose N197.9 billion in the ensuing bearish market.

THE merchant banking subsector suffered 18 percent decline in interest income in 2018, which constrained growth in revenue, prompting operators to switch to non-interest income to offset impact of lower fixed income yield on their financial performance.

THE volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market dropped by 39 percent, month-on-month, to $4.6 billion last month from $7.48 billion in March, 2019.

FIDELITY Bank Plc, in a bid  to drive financial inclusion, has given out N110 million cash prizes and 108 consolation prizes to 167 winners in its ‘Get Alert in Millions’(GAIM) promo season-3.

THE interbank money market recorded 49 percent fall in average liquidity last month as the Central Bank of Nigeria, CBN, mopped up N820 billion from the market during the month.